Warren Buffett says Berkshire Hathaway is looking at an investment in Canada

  • 📰 CNBC
  • ⏱ Reading Time:
  • 16 sec. here
  • 13 min. at publisher
  • 📊 Quality Score:
  • News: 48%
  • Publisher: 72%

Business News

Breaking News: Markets,Stock Markets,Economy

The Oracle of Omaha noted that he is 'confident' in placing bets in the country.

Warren Buffett walks the floor and meets with Berkshire Hathaway shareholders ahead of their annual meeting in Omaha, Nebraska on May 3rd, 2024."We do not feel uncomfortable in any shape or form putting our money into Canada," he told an arena full of investors Saturday. "In fact, we're actually looking at one thing now."roughly $300 million position

The "Oracle of Omaha" said during the annual shareholder meeting that he does not expect to make significant bets outside the U.S., saying his recent investments in Japanese trading houses were a compelling exception. But Buffett noted the similarity in operations between the Canada and the U.S.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Warren Buffett's Berkshire Hathaway cut Apple investment by about 13% in the first quarterBerkshire reported that its Apple bet was worth $135.4 billion, implying around 790 million shares. That would mark a decline of around 13% in the stake.
Source: NBCLA - 🏆 319. / 59 Read more »